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By 9:43 on the morning of January 3, the average member of the 100 highest-paid CEOs in Canada will have made as much money as the average Canadian worker makes in a year—that's $58,800, by breakfast time on the year's first workday.
New data from 2021 shows that top CEOs broke every compensation record on the books that year. Total income? Record-shattering. Disparity between worker pay and CEO-pay? Historic. Amount of CEO pay tied directly to inflation-juicing corporate profits? Unprecedented.
The average top-100 CEO made $14.1 million in 2021—that's 243 times the average worker salary. The federal government has significant room to act and make the economy more fair for working Canadians.
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